- Udyam number
- UDYAM-DL-03-0007402

About SPG Agrovert Limited
Data last updated:
SPG Agrovert Limited is a public limited company based in New Delhi, Delhi, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 10 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2004PLC128977. Its GSTIN is 07AABCV9210D1ZM (Delhi). The company holds 14 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹30.44 Cr. It was formerly known as Virendra Trading Co Limited and Virendra Trading Co Private Limited. It is led by directors including Nihar Gupta (Managing Director) and Aditi Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1167 Second Floor Kucha Mahajani Chandni Chowk, New Delhi, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹483.24 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹9.46 Cr (net margin 2%) and EBITDA of ₹23.32 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹211.93 Cr and satisfied charges of ₹196.97 Cr on record. Court records list 26 cases involving the company, including 17 filed by the company and 9 filed against it; 7 cases are pending.
SPG Agrovert Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-03-0007402). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyapalgroup.com.
Company details
Name history
SPG Agrovert has undergone 3 name changes throughout its history. The company was previously known as Virendra Trading Co Limited, Virendra Trading Co Private Limited, and Spg Agrovert Limited. The current legal name is Spg Agrovert Limited.
| Company Name | Status |
|---|---|
| SPG Agrovert Limited | Current |
| Virendra Trading Co Limited | Previous |
| Virendra Trading Co Private Limited | Previous |
CIN history
SPG Agrovert has one previous CIN (Corporate Identification Number): U51909DL2004PTC128977. The current CIN is U51909DL2004PLC128977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL2004PLC128977 | Current |
| U51909DL2004PTC128977 | Previous |
Recognitions & Rankings of SPG Agrovert
Contact details
SPG Agrovert Limited's registered office is in New Delhi, Delhi. Its website is satyapalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1167 Second Floor Kucha Mahajani Chandni Chowk, New Delhi, Delhi, India – 110006
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of SPG Agrovert Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of SPG Agrovert is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SPG Agrovert Limited, buy the company report.
Financials of SPG Agrovert Limited
FY 2025 filings availableSPG Agrovert Limited reported revenue of ₹483.24 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 45% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.32 Cr | ||||
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| Net Profit (PAT) | ₹9.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of SPG Agrovert Limited, buy the company report.
Board of directors of SPG Agrovert Limited
SPG Agrovert has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihar Gupta Also directs: Shri Ashtvinayak Commercial LLP, Aadvik Commercials LLP, SPG Consumer Products Private Limited and 5 more | Managing Director | 24 Dec 2016 | 9 Years 10 Months | Current |
| Aditi Gupta Also directs: Shri Ashtvinayak Commercial LLP, Aadvik Commercials LLP, SPG Consumer Products Private Limited and 5 more | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Deepika Gupta | Director | 14 Oct 2022 | 4 Years 0 Months | Current |
| Kundan Kishor Gupta Also directs: SPG Consumer Products Private Limited | Director | 31 May 2025 | 1 Years 5 Months | Current |
Auditor
SPG Agrovert Limited is audited by S P CHOPRA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P CHOPRA & CO | FY 2022 | 000346N |
Shareholding
The shareholding of SPG Agrovert Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SPG Agrovert Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101216098 | Others | ₹30 Cr | Open | |
| 04 Sep 2025 | 101147972 | Others | ₹35 Cr | Open | |
| 25 Jul 2025 | 101150015 | Indian Overseas Bank | ₹13 Cr | Open | |
| 17 Jul 2025 | 101127390 | Others | ₹35 Cr | Open | |
| 25 Jun 2025 | 101122255 | Others | ₹27 Cr | Open |
To see the full charge records of SPG Agrovert Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
SPG Agrovert Limited has 26 court cases on record: 17 filed by SPG Agrovert, 9 filed against it. 7 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 9 | 3 |
| High courts | 7 | 0 | 1 |
| Supreme Court | 3 | 0 | 3 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Icici Bank Ltd. & Ors. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Yukra Projects Pvt. Ltd. and 5 others | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| Supreme Court | Arbitration matter | Filed by the company against M/S Next West Africa Sarl | Pending |
To see the full case history of SPG Agrovert Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
SPG Agrovert Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bhawani Silicate Industries |
To see the full MSME payment records of SPG Agrovert Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
SPG Agrovert has 5 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| SPG Consumer Products Private Limited | U01100DL2020PTC364068 | |
| SPG Metals Limited | U13209DL2019PLC348759 | |
| SPG Infra and Logistics Private Limited | U45309DL2020PTC363265 | |
| BSCP Builders Private Limited | U70102DL2010PTC377559 | |
| A.L. Enterprises Private Limited | U74899DL1998PTC093448 |
To see the full group structure of SPG Agrovert Limited, buy the company report.
Employees & EPFO
SPG Agrovert Limited has a workforce of 45 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
SPG Agrovert has 14 GST registrations: 9 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV9210D1ZM | Delhi | Active | 01 Jul 2017 |
| 09AABCV9210D1ZI | Uttar Pradesh | Active | 15 Apr 2018 |
| 19AABCV9210D1ZH | West Bengal | Active | 27 Jul 2018 |
| 21AABCV9210D1ZW | Odisha | Active | 19 Dec 2022 |
To see the full GST registrations and return filing status of SPG Agrovert Limited, buy the company report.
Recent activity
SPG Agrovert Limited has 15 board changes on record since 2016: 4 appointments and 11 cessations. The latest: Karm Sawhney ceased to be Director on 31 May 2025.
43 earlier events are in the company report.
Frequently asked questions
SPG Agrovert is an active public limited company based in New Delhi, Delhi, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 10 September 2004 (22+ years old) and is registered under CIN U51909DL2004PLC128977.
SPG Agrovert has 4 current directors:
- Nihar Gupta - Managing Director
- Aditi Gupta - Director
- Deepika Gupta - Director
- Kundan Kishor Gupta - Director
The latest financial statements of SPG Agrovert on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SPG Agrovert is 07AABCV9210D1ZM, registered in Delhi. The company has 14 GST registrations in all, of which 9 are active and 5 are cancelled or inactive. Other active GSTINs include 09AABCV9210D1ZI (Uttar Pradesh), 19AABCV9210D1ZH (West Bengal), 21AABCV9210D1ZW (Odisha).
The CIN (Corporate Identification Number) of SPG Agrovert is U51909DL2004PLC128977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPG Agrovert has 26 court cases on record: 17 filed by the company and 9 filed against it. 7 are pending. Most are in the district courts.
SPG Agrovert was incorporated on 10 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Karm Sawhney ceased to be Director on 31 May 2025. Kundan Kishor Gupta was appointed as Director on 31 May 2025. Aditi Gupta ceased to be Additional Director on 29 Sep 2024. SPG Agrovert has 15 board changes on record in total.
Yes, SPG Agrovert is registered as an MSME under Udyam registration (number: UDYAM-DL-03-0007402).
SPG Agrovert has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 26 Apr 2021.
SPG Agrovert can be reached through the website satyapalgroup.com. Its registered office is in New Delhi, Delhi, India.

